DTN Closing Grain Comments 05/05 13:51
Corn, Wheat March Higher With Most Commodities
July contracts of corn and all three wheats closed higher Wednesday with
ongoing support from dry conditions in central Brazil and the northwestern U.S.
Plains. July soybean oil posted a slight loss, one of the few on the commodity
board early Wednesday afternoon.
DTN Lead Analyst
July corn closed up 11 3/4 cents and December corn was up 24 1/4 cents. July
soybeans closed up 4 cents and November soybeans were up 19 1/2 cents. July KC
wheat closed up 17 3/4 cents, July Chicago wheat was up 17 3/4 cents and July
Minneapolis wheat was up 13 3/4 cents. The June U.S. Dollar Index is trading up
0.03 at 91.30. The Dow Jones Industrial Average is up 165.32 points at
34,298.35. June gold is up $8.30 at $1,784.30, July silver is up $0.01 at
$26.57 and July copper is up $0.0030. June crude oil is up $0.02 at $65.71,
June heating oil is up $0.0061, June RBOB gasoline is up $0.0016 and June
natural gas is down $0.029.